The State of Cape Town Central City Report 2015

Page 1


1

N

Mechau

Orphan

ANDELA BLVD SON M

Martin

L NE

DARLING

Albertus

Parliament

Barrack

Commercial

ROELAND

ula nins e Pe y of p a t C ersi Univ nology h Tec

Caledon

DISTRICT SIX ROEL AND

Ho

D

E PA WA R A K L

AN NA NDA LE

GARDENS

on gt e ir n ar ar u H Sq

CANTERBUR Y

Caledon

HATFIELD

BUITENSINGEL

RY W LO

AD RO

ity C all H

pe

Buiten

Government Ave

Bloem

The Company’s Garden

Bloem

LONG

Pepper

LOOP

BREE

Leeuwen

Queen Victoria

Keerom

Dorp

nd e ra d G ara P

Spin

R SI

F O PE LE HO T S A D C OO G

Harrington

Burg

Church

WALE

New Church

Jan Smuts

DF Malan

t ke ar e r m a en u re q G S Longmarket

SHORTMARKET

AND STR

BUITENKANT

Burg

LONG

Hout Heritage Square

BUITENGRAGT

Castle

KLOOF NEK

BO-KAAP

STRAND

N W TO AY N PE W O A IL I C RA TAT S

PLEIN

TO CAMPS BAY

Riebeek

Parliament

WATERKANT

Old Marine

ET RK A M EW N

Thibault Square

Church Square

BREE

Prestwich

m

LOOP

TO SE AP OI NT

do

CHRISTIAAN BARNARD

rij

ic iv re C ent C

ADDERLEY

St

Hammerschlag

HERTZOG BLVD

er e Pi lac P

St Georges Mall

ns

Lwr Burg

Ha

HEERENGRACHT

th f or ar e N h uar Wq S

Jetty

LOWER LONG

W CC AT TI C ER FR ON WALTER SISULU AVE T

GE AN OR

V& A

Fo G un ar d de er n s

HARBOUR

N TO

L/ R A NG PA TE U O T A G

DE

L AA W

DR


D OA R RY OW L SIR

WOODSTOCK

TO AIRPORT

TO MUIZENBERG

N2

M3


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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


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CAPE TOWN INTERNATIONAL CONVENTION CENTRE (CTICC)2 A comparison between the 2013-14 and 2014-15 financial year indicates the growing economic contribution of events held at this CBD-based venue.

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2013-14

2014-5

Generated towards Western Cape GGP

R2.8bn

R3.1bn

Contributed to the national GDP

R3.1bn

R3.4bn

Total revenue generated

R172m

R197m

Value of visitor days brought to the local economy (35% by international visitors in 2015)

R1.22m

R1.36m

Total foreign exchange earnings of the CTICC

R1.13bn

R1.20bn

Contributed to indirect household income

R1.55bn

R1.72bn

Direct and indirect jobs sustained throughout South Africa

7 649

8 058


19


2015

86%

May: 88% Nov: 83%

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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review

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Cape Town CBD 2014

2015

2014

2015

Annual average

66.2%

63.3%

63.5%

63.7%

Highest occupancy months

February (88.8%)

November (85.1%)

February (83.1%)

February (84.1%)

March (85.4%)

March (83.3%)

March (79.7%)

November (83.4%)

November (83.8%)

February (80%)

November (77.2%)

March (80.3%)

June (45.9%)

June (40.3%)

June (47.9%)

June (42.3%)

July (52.7%)

July (45.5%)

July (49.8%)

July (45.1%)

Room rates (per person) annual average

R1 491

R1 714

R1 250

R1 360

RevPAR

R987

R1 086

R794

R866

Lowest occupancy months

2

22

MeTro

The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review


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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review

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V&A WATERFRONT

MA IN

HE LE N

HIGH LEVE L

D AN STR

SU ZM AN

GREEN POINT

BL VD

HARBOUR

UPPER BUITENK ANT

Up pe r

D.F .M ala n

Sm uts

Bra

M3

MA ND EL

VD BL

ST RA ND

ROAD

BA RN AR D

VICT ORIA

WOODSTOCK

Square

SIR LOWR Y ROAD

TO AIR PORT

itutio n

DE WA AL

ill

CPUT

e

MILL HIG HL A

SIR LOWRY

Ke ize rgra Harrington ch t

Con st

A

ALBERT

NEW MARKET

ROAD

CPUT & DISTRICT SIX

er we nd

bley

NELSON MA ND EL

CH RIS TIA AN

Civ ic

CPUT

TO PAARL

NELSON

AD DE RL E J Y

an

ERS ILLI DE V

JUTLAND

Upp er M

HE ER EN GR AC HT

HE ER EN GR AC HT

SIR LOWRY

N1

N1

VD BL

CH UR CH

Ha rrin rb gto ury n

Ca nte

BU ITE NK AN T

ury rb nte Ca

ST RA ND

n

Harrington Square

Wem

Castle of Good Hope

r

UPPER ORANGE

Mol teno

Ca le do

A

TE NN AN T

en t Go ve rn m

Hop e

Ho f

KL OO F

AD DE RL EY

GT

BU IT EN GR A

Vic to ria

Qu ee n

OR AN GE

OR AN GE

KL OO F KL OO F

NE K

DA RL IN G

CT Central Police Station

D AN EL RO

F

H

Ba rra ck

D AN EL RO

E AL ND NA AN

LD IE

F GARDENS AT

City Hall

E

NG

t ch ra sg

Rood ehek

Civic Centre

M ar in e

er iz Ke

D IEL TF HA

Old

Grand Parade

I FR

N1

Artscape Theatre

Mini Bus Taxi Rank

n tio titu ns Co

KL OO F

E TH

Bus services

Cape Town Railway Station

Greenmarket Square

Church Square

EIN PL

N’S OH .J ST RO EL AN D

GA LO RD WE EN R S

F LO O SK ER BO TA M

NG LO

NG LO

t en m rlia Pa

N1

Founder’s Garden

D AR EV UL BO

es org

N2

RD VA

Company’s Garden

M us eu m

ALE ND

Belved ere

Ge

OP LO

Thibault Square

Pier Place

E UL BO

OP LO

OP LO

NG LO

MILL

De Waal Park

St.

E AL W

Pe pp er

R PE D UP CB

NA AN

Un ion

t

rk Pa

LOWER KLOOF

ke

er iln

p

Un ion

ar

M

Ca m

Up pe r

EE BR

h urc Ch

Bu ite ns in ge l

NG LO

Greenmarket Square

E AL W

w Ne

tm or

W LO

Sh

ER

B

ER W D LO CB

OP LO

Thibault

G ZO RT HE

EE BR

Heritage Square

BSquare

N2

G ZO RT HE

se Ro

h urc Ch

P

A KA O-

h ic ek stw be Pre Rie

ut Ho

ale W

Do rp

t an

ND RA ST

e stl Ca

i in pp ia Ch

ST EY TL ER

an nc Du

BO-KAAP BO-KAAP

FO T RE HE SH E OR E RE

rk ate W

SIGNAL HILL

CO EN North Wharf Square

BU IT EN GR AG T

GNAL HILL

T ERSE SOM

D AN STR

North Wharf Square

JUTLAN D

M3

M3

DE WAAL

TO MUIZENBERG

ND S

Mo lten o

GARDENS VREDEHOEK

Belvede re

TAB LE NAT MOUN ION AL P TAIN ARK

HI GH L

M3



TOTal value Of all residenTial uniTs sOld 2013

2014

2015

R249m

R296m

R376m

across 163 units

across 191 units

across 185 units

Overall average sale price R1.428m 2013

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The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review

R2.031m

R1.552m 2014

2015


The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review

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BUITENGRAGT

Church

Queen Victoria

The Company’s Garden

AN NA N DAL E

Government Ave Parliament

St Georges Mall

AD

Spin

Pa r l i a m e n t

Church Square

PLEIN

HATFIELD

F O PE LE HO ST A D C OO G

Caledon

D AN TL JU

R SI

W LO

DI

ROEL A

VRED

The STaTe of Cape Town CenTral CiTy reporT – 2015: a year in review

nd e ra d G ara P

CANTERBUR Y

on gt re rin a ar u H Sq

Harrington

DARLING

BUITENKANT

ity C all H

Caledon

L IL M NT KA N ITE BU

Albertus

pe

Barrack

Commercial

ROELAND

Ho

30

Burg

STRAND

Burg

Castle

Keerom

Hout

Bloem

WALE

LONG

GE AN R O

Dorp

LOOP

Leeuwen

Pepper

Bloem

BREE

t ke SHORTMARKET ar m are en u re q Longmarket G S

Heritage Square

New Church Buiten

Orphan

BUITENSINGEL

NEK


A V&

E AT W

O FR R

T

N

TO S EA P OI NT

N

r

m

CC TI C

er e Pi lac P

N W TO AY N PE W O A IL I C RA TAT S

Martin

ic iv re C ent C

Jan Smuts

Old Marine

Hammerschlag

AND STR

CHRISTIAAN BARNARD

HARBOUR

Fo G un ar d de er n s

HERTZOG BLVD

DF Malan

31

ANDELA BLVD SON M L E

N

th f or ar e N h uar Wq S

St

ijd o

Thibault Square

LOWER LONG

WALTER SISULU AVE

H

an s

Mechau

DDERLEY

TO V&A WATERFRONT

Prestwich

Jetty Lwr Burg

HEERENGRACHT Riebeek

l

LOOP WATERKANT

BREE

South Arm

W


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